Power & Instrumentation (Gujarat) Limited
All news and filings related to Power & Instrumentation (Gujarat) Limited.
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PIGL Secures ₹6.06 Crore Order for KUSUM-C Solar Project
PIGL received a work order worth ₹6.06 Crore from Mahesh Solar Solution Private Limited. The order is for supplying 11kV ICOG Panel and Inverter LT Panel for the KUSUM-C Solar PV Project in Maharashtra. Execution is expected within 5-6 weeks.
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PIGL Approved as Specialized Agency for Hisar Airport Project's Power Supply
Power & Instrumentation (Guj.) Limited has been approved as a Specialized Agency by the Airports Authority of India for the Hisar Airport Project's Power Supply System works. The approval covers critical components like substations, DG sets, and transformers.
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PIGL to hold 42nd AGM on Sep 25, 2026, via VC/OAVM for e-voting
Power & Instrumentation (Gujarat) Limited will conduct its 42nd Annual General Meeting on September 25, 2026, starting at 2:30 PM IST. The meeting will be held via Video Conferencing (VC) and Other Audio Visual Means (OAVM), with provisions for e-voting. Newspaper advertisements were published on September 03, 2026.
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PIGL to hold 42nd AGM on Sep 25, 2026, via VC/OAVM; Annual Report FY26 available.
Power & Instrumentation (Gujarat) Limited will hold its 42nd AGM on September 25, 2026, via VC/OAVM. The Annual Report for FY26 and AGM notice are available via a web-link for members who haven't registered their email. The cut-off date was August 28, 2026.
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PIGL Announces 42nd AGM on Sep 25, 2026; E-voting from Sep 22-24
Power & Instrumentation (Gujarat) Limited will hold its 42nd AGM on September 25, 2026, via VC/OAVM. Remote e-voting is available from September 22-24, 2026. The agenda includes appointing new secretaries, a ₹30 crore transaction with Peaton Electrical, and the "PIGL ESOP Scheme 2026" for 2,00,000 options.
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Power & Instrumentation (Gujarat) Ltd schedules 42nd AGM for Sep 25, 2026
Power & Instrumentation (Gujarat) Limited will hold its 42nd Annual General Meeting on September 25, 2026. The meeting will take place via Video Conferencing/Other Audio Visual Means. Details were published on September 1, 2026.
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PIGL Approves 2026 ESOP Plan, Sets AGM for Sept 25, 2026
PIGL's Board approved the Employee Stock Option Plan 2026, pending shareholder approval. The 42nd AGM is scheduled for September 25, 2026. Related party transactions were approved, subject to shareholder consent. Cut-off dates for shareholder participation and e-voting are set in August and September 2026.
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PIGL Publishes Un-Audited Financial Results for Q1 FY27
Power & Instrumentation (Gujarat) Limited announced its un-audited financial results for the quarter ended June 30, 2026. The results, both standalone and consolidated, were published in the Financial Express as per SEBI regulations.
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PIGL Board Approves Q1 FY27 Results; Appoints New Secretarial Auditor
PIGL's Board approved Q1 FY27 results. The company appointed M/s. Nisarg Sharma & Associates as Secretarial Auditor for five years, filling a vacancy. Mr. Manav Rastogi was appointed as Director to a material subsidiary. No funds were raised, resulting in a Nil fund utilization variance.
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PIGL Submits SEBI Compliance Certificate for Q1 FY27
Power & Instrumentation (Gujarat) Limited submitted its SEBI compliance certificate for the quarter ended June 30, 2026. The certificate was received from its RTA, Skyline Financial Services Private Limited. This is a routine regulatory filing.
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PIGL Clarifies Financial Results: Corrected Consolidated EPS ₹2.10 vs ₹1.32
PIGL clarified a discrepancy in its financial results for the quarter and year ended March 31, 2026. The consolidated EPS was erroneously reported as ₹1.32 in the XBRL submission, but the correct figure is ₹2.10. The company attributed the error to inadvertence and assured future accuracy.
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PIGL: Trading Window Closed July 1, 2026, for Q1 FY27 Results
Power & Instrumentation (Gujarat) Limited (PIGL) will close its trading window from July 1, 2026. This closure is to prevent insider trading during the period leading up to the declaration of the unaudited financial results for the quarter ended June 30, 2026. The exact date for the board meeting to approve these results will be announced later.
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PIGL Secures ₹3.72 Crore Order for Distribution Infrastructure Development
PIGL received an additional work order valued at ₹3.72 Crore from Ajmer Vidyut Vitran Nigam Limited. The order is for supply, erection, installation, testing, and commissioning of equipment for distribution infrastructure development under the RDSS scheme. The total aggregated value of related orders stands at ₹38.28 Crore. The order is to be executed within 15 months.
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PIGL Publishes Audited Financial Results for FY26 Ended March 31
Power & Instrumentation (Gujarat) Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results were published in the Financial Express as per SEBI regulations.
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PIGL Board Approves FY26 Audited Results; Appoints Ms. Daisy Mehta as Company Secretary
Power & Instrumentation (Gujarat) Limited's board approved audited FY26 results. Ms. Daisy Mehta was appointed Company Secretary cum Compliance Officer from April 3, 2026. The company also appointed internal and cost auditors for FY27.
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PIGL Secures ₹71.37 Crore Order from Ajmer Vidyut Vitran Nigam
PIGL received an additional order worth ₹7.14 crore from Ajmer Vidyut Vitran Nigam Limited. This increases the total order value to ₹75.36 crore. The contract is for developing distribution infrastructure under the RDSS Scheme in Rajasthan and is to be executed within 180 days.
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PIGL becomes Greaves Cotton's channel partner for DG Sets in Gujarat
Power & Instrumentation (Gujarat) Limited will act as a channel partner for Greaves Cotton Limited's DG Set sales in Gujarat from May 15, 2026, to November 11, 2026. This partnership aims to boost the company's presence in the energy solutions sector.
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PIGL Secures ₹2.61 Crore Order for Udaipur Air Terminal Project
Power & Instrumentation (Gujarat) Limited (PIGL) announced securing two work orders worth ₹2.61 Crore for electrical and power supply system work at the Udaipur Air Terminal. The aggregate project value now stands at ₹60.51 Crore. The work is expected to be completed within 4-8 weeks of drawing approval.
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PIGL Files SEBI Reg 74(5) Certificate for Q4 FY26
Power & Instrumentation (Gujarat) Limited submitted its SEBI Regulation 74(5) certificate for the quarter ended March 31, 2026. The company's RTA confirmed no physical share certificates were received for dematerialization.
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PIGL Appoints Ms. Daisy Mehta as Company Secretary & Compliance Officer
Power & Instrumentation (Gujarat) Limited appointed Ms. Daisy Mehta as Company Secretary & Compliance Officer. The appointment is effective April 03, 2026, and is subject to Board ratification. Ms. Mehta is a qualified Company Secretary.
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Power & Instrumentation (Gujarat) Ltd: Company Secretary & Compliance Officer Resigns
Mr. Maunish Gandhi has resigned as Company Secretary & Compliance Officer of Power & Instrumentation (Gujarat) Limited. His resignation is effective from April 03, 2026. Detailed reasons for the resignation have been provided by Mr. Gandhi.
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PIGL: Trading Window Closed April 1, 2026 for FY26 Audited Financial Results
Power & Instrumentation (Gujarat) Limited (PIGL) will close its trading window from April 1, 2026, until 48 hours after the declaration of audited financial results for the quarter and year ended March 31, 2026. The date of the board meeting to approve these results will be announced later.
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PIGL Secures ₹11.72 Crore Order from Ajmer Vidyut Vitran Nigam Limited
PIGL has received an additional work order worth ₹11.72 Crore from Ajmer Vidyut Vitran Nigam Limited. The contract involves supply, erection, installation, testing, and commissioning of material/equipment for distribution infrastructure development. The project is to be executed on a turnkey basis within 12 months.
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PIGL Allots 3 Lakh Equity Shares on Warrant Conversion to Promoter Group
PIGL's Board approved the allotment of 3,00,000 equity shares to the Promoter Group via warrant conversion. The allotment price was ₹83.75 per share. This increases the company's paid-up equity capital to ₹21.17 crore. M/S PADMAVIR HOSPITALITY LLP received the shares, increasing their holding to 8.03%.
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PIGL Allots 3 Lakh Equity Shares on Warrant Conversion, Paid-up Capital Rises
Power & Instrumentation (Gujarat) Limited approved the allotment of 3,00,000 equity shares upon conversion of convertible warrants. The shares were issued at a premium of ₹73.75 each. This conversion increased the company's paid-up equity capital to ₹21,16,89,000.
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PIGL Acquires Additional 8.94% Stake in Peaton Electrical for ₹3.13 Crore
Power & Instrumentation (Gujarat) Limited acquired an additional 8.94% stake in Peaton Electrical Company Limited for ₹3.13 Crore, increasing its total holding to 60%. Peaton Electrical reported a turnover of ₹36.04 Crore in FY25. The acquisition is a strategic investment to enhance collaboration and capacity.
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PIGL Allots 5.43 Lakh Equity Shares on Warrant Conversion at ₹83.75
Power & Instrumentation (Gujarat) Limited allotted 5,43,531 equity shares on March 18, 2026, upon conversion of warrants. The shares were issued at ₹83.75 each. This increases the company's paid-up equity capital to ₹20.87 crore.
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PIGL Allots 5.43 Lakh Equity Shares on Warrant Conversion, Paid-up Capital Rises
PIGL approved the allotment of 5,43,531 equity shares at a premium of ₹73.75 per share. This is due to the conversion of convertible warrants issued on September 21, 2024. The company's paid-up equity capital increased to ₹20.87 crore.
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PIGL Allots 3.54 Lakh Equity Shares on Warrant Conversion
Power & Instrumentation (Gujarat) Limited allotted 3,54,339 equity shares on March 16, 2026, upon conversion of warrants. The allotment price was ₹83.75 per share. This increases the paid-up capital to ₹20.33 crore. Two investors, Padmaraj P Pillai HUF and M/s Pulakeshin Private Limited, were allotted shares.
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PIGL Allots 3.54 Lakh Equity Shares on Warrant Conversion, Paid-up Capital Rises
Power & Instrumentation (Gujarat) Limited approved the allotment of 3,54,339 equity shares upon conversion of convertible warrants. This increases the paid-up equity capital to ₹20,32,53,690 from ₹19,97,10,300.
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PIGL Allots 4.84 Lakh Equity Shares on Warrant Conversion at ₹83.75
Power & Instrumentation (Gujarat) Limited has allotted 4,84,600 equity shares upon conversion of warrants at ₹83.75 per share. This increases the paid-up equity capital to ₹19,97,10,300. Key allottees are Padmaraj P Pillai HUF, M/s Pulakeshin Private Limited, and Ghisulal Kisan Kumar.
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PIGL Allots 4.84 Lakh Equity Shares Post Warrant Conversion
PIGL's Board approved the allotment of 4,84,600 equity shares following the conversion of convertible warrants. This preferential allotment, part of earlier issued warrants from September 21, 2024, increases the company's paid-up equity capital to ₹19,97,10,300.
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PIGL Allots 1.73 Lakh Equity Shares on Warrant Conversion at ₹83.75
Power & Instrumentation (Gujarat) Limited allotted 1,73,530 equity shares to Manisha Vipulkumar Pathak upon warrant conversion. The allotment was made on a preferential basis at ₹83.75 per share. This increases the company's paid-up equity capital to ₹19.48 crore.
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PIGL Allots 1.73 Lakh Equity Shares on Warrant Conversion
PIGL's Board approved the allotment of 1,73,530 equity shares upon conversion of convertible warrants. This preferential allotment to non-promoters increases the company's paid-up equity capital to ₹19,48,64,300.
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P&I Gujarat Q3 FY26: Income Rises 43% to ₹48.89 Cr, Secures ₹124 Cr in New Orders
Power & Instrumentation (Gujarat) Limited reported Q3 FY26 income of ₹48.89 Cr (up 43.18% YoY) and net profit of ₹3.57 Cr (up 11.96% YoY). The company secured new orders totaling ₹124.17 Cr, including a ₹102.78 Cr order for the RDSS framework. The current order book stands at ₹450 Cr. PIGL targets 30-35% YoY growth for the next five years.
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PIGL Submits Investor Call Audio Recording for Q3 FY26 Results
PIGL has made the audio recording of its Investor/Analyst Call for Q3 FY26 results available on its website. Management attendees included MD Mr. Padmaraj Padmnabhan Pillai and Acting CFO Mr. Rohit Maheshwari. No unpublished price-sensitive information was discussed.
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PIGL Q3 FY26 Results: Revenue ₹48.89 Cr, Net Profit ₹3.57 Cr
Power & Instrumentation (Gujarat) Limited reported Q3 FY26 consolidated revenue of ₹48.89 Cr and net profit of ₹3.57 Cr. For the nine months ended Dec 31, 2025, revenue was ₹161.35 Cr and net profit was ₹10.91 Cr. The company secured new orders totaling ₹124.17 Cr in Q3 FY26. Management highlighted strong performance and order book growth.
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PIGL Publishes Unaudited Financial Results for Q3 FY26
Power & Instrumentation (Gujarat) Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The results were published in newspapers and are available on the company's website.
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PIGL Q3 FY26: Income surges 43% to ₹48.89 Cr, EBITDA up 38% to ₹6.16 Cr
Power & Instrumentation (Gujarat) Limited reported Q3 FY26 results with consolidated income up 43.18% to ₹48.89 Cr and EBITDA up 38% to ₹6.16 Cr. Standalone income rose 31.26% to ₹44.82 Cr. The company secured a ₹102.78 Cr order from Ajmer Vidyut Vitran Nigam Limited and a ₹21.39 Cr order from ATS Techno Limited.
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PIGL Q3FY26 Results: Standalone Profit ₹327.92 Lakhs, Consolidated Profit ₹357.39 Lakhs
Power & Instrumentation (Gujarat) Limited reported Q3FY26 standalone profit of ₹327.92 lakhs and consolidated profit of ₹357.39 lakhs. For nine months ended Dec 31, 2025, standalone profit was ₹1,038.31 lakhs and consolidated profit was ₹1,050.56 lakhs. The company acquired a majority stake in PECL for ₹12.54 crore.
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PIGL Allots 6.12 Lakh Equity Shares on Warrant Conversion
PIGL allotted 6,12,000 equity shares on February 12, 2026, due to warrant conversion. Shares were issued to the Promoter group at ₹83.75 each. This increased paid-up capital to ₹19.31 crore. Padmavir Hospitality LLP received 6,12,000 shares, raising its stake to 7.25%.
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PIGL Allots 6.12 Lakh Equity Shares on Preferential Basis Post Warrant Conversion
Power & Instrumentation (Gujarat) Limited approved the allotment of 6,12,000 equity shares at a premium of ₹73.75 per share. This follows the conversion of 6,12,000 convertible warrants into equity shares on a preferential basis to the promoter group. The company's paid-up equity capital increased to ₹19,31,29,000.
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PIGL to host Q3 & 9M FY26 earnings call on Feb 17, 2026
Power & Instrumentation (Gujarat) Limited will host an earnings call on February 17, 2026, at 1:00 PM IST to discuss Q3 & 9M FY26 results. Management, including MD Padmaraj Pillai and CFO Rohit Maheshwari, will participate. Details are available on the company's website.
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PIGL to Host Q3 & 9M FY26 Earnings Call on Feb 17, 2026
Power & Instrumentation (Gujarat) Limited (PIGL) will hold an earnings call on February 17, 2026, at 1:00 PM IST to discuss Q3 and 9M FY26 results. Management, including MD Mr. Padmaraj Pillai and CFO Mr. Rohit Maheshwari, will participate.
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PIGL to host Q3 & 9M FY26 earnings call on Feb 17, 2025
Power & Instrumentation (Gujarat) Limited will host a conference call on February 17, 2025, at 1:00 PM IST to discuss its Q3 and 9M FY26 earnings. Management, including the MD and CFO, will participate.
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PIGL Board Approves Q2 FY26 Results; Acquires Majority Stake in PECL
PIGL's Board approved Q2 FY26 results on November 14, 2025. The company acquired a majority stake in PECL for ₹12.54 crore, making it a subsidiary from September 11, 2025. PIGL also clarified a date error in previously submitted financial results to the NSE.
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PIGL Allots 6.78 Lakh Equity Shares via Preferential Issue at ₹83.75
PIGL allotted 6,78,000 equity shares upon warrant conversion via preferential issue at ₹83.75 per share. The company's paid-up capital increased to ₹18.70 crore. Allotments were made to Promoter Group entities, M/S POWER INFRA-CONS PRIVATE LIMITED and M/S PADMAVIR HOSPITALITY LLP.
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PIGL Board Approves Allotment of 6.78 Lakh Equity Shares via Warrant Conversion
PIGL's Board approved allotting 6.78 lakh equity shares via convertible warrant conversion. This follows the issuance of 50.96 lakh warrants on September 21, 2024. The paid-up equity capital increased to ₹18.70 crore.
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PIGL Files SEBI Reg 74(5) Certificate for Q3 FY26
Power & Instrumentation (Gujarat) Limited has filed a certificate under SEBI Regulation 74(5) for the quarter ended December 31, 2025. The certificate was received from RTA M/s Skyline Financial Services Private Limited. This is a routine regulatory filing.
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PIGL Closes Trading Window from Jan 1, 2026 for Q3 FY26 Results
PIGL will close its trading window from January 1, 2026. The window will reopen 48 hours after the declaration of unaudited financial results for the quarter and nine months ended December 31, 2025. Designated persons and their relatives are restricted from trading during this period.
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